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When O'Rourke Corporation sells treasury stock for more than the original cost, A. stockholders' equity increases. B. retained earnings may increase. C. retained earni…

When O'Rourke Corporation sells treasury stock for more than the original cost, A. stockholders' equity increases. B. retained earnings may increase. C. retained earni…
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When O'Rourke Corporation sells treasury stock for more than the original cost,

A. stockholders' equity increases.

B. retained earnings may increase.

C. retained earnings may decrease.

D. paid-in capital increases.

User Rudy Velthuis
by
8.2k points

1 Answer

3 votes

Answer:

Paid in Captial Increases

Step-by-step explanation:

They made money off of the stock they purchased and resold

User Trinaldi
by
8.6k points
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